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May 2023

Greetings,
You are receiving this newsletter with hopes that you find it informative and entertaining.

If you are thinking of making a move, or just curious about the real estate trend in your area, please feel free to contact us any time. It is our pleasure to help you.

Best regards,
Lyle Longridge

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What's keeping homeowners from listing their properties?  Andrew has a theory and looks at whether the data supports that theory.
In the Lede video series, Andrew Lis, REBGV's Director Economics and Data Analytics, explains the sometimes complicated housing market in simple terms.
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Prices continue rising across Metro Vancouver as home buyer confidence returns
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring,
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Latest housing market update from FVREB confirms Spring sales hold steady in Fraser Valley real estate market
– Despite persistent inventory shortfalls, housing sales in the Fraser Valley remained steady in April as buyers took advantage of the continued pause in interest rate hikes.
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BC Housing Market Expected to Strengthen 
Later This Year BCREA 2023 Second Quarter Housing Forecast
For the complete news release, including detailed statistics, click here.
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Market Watch - Prices Continue to Rise as Home Buyers Confidence Returns
We are seeing prices rising and sales rebounding this spring which tells us that home buyers are returning with confidence after a challenging year for our market. Even with mortgage rates roughly doubling, many buyers have come to terms with higher borrowing costs and are taking advantage of lower selling prices compared to this time last year.
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Bedroom Makeover with Feng Shui
Feng shui is an ancient and wise approach to the way our environment affects us. The way we feel and the way we act is influenced in large part by the environment that surrounds us. Therefore, by learning how to properly organize what surrounds us, we can improve our lives, and this is what feng shui is all about.
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Five Home Upgrades That Pay Off
When it comes to preparing your home for sale, some home sellers make it their objective to get the most return on their homes. Before starting any home improvement, you should evaluate the return on investment (ROI). Ask yourself what renovations will boost the resale value of the house.
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Facts Tell “Pictures Sell” - Stunning Photography Sells Homes
Since many buyers are turning to the internet to shop before they take a drive around neighbourhoods, photography can make a difference in selling your home quickly.
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Tips for buyers attending open houses
Open houses can be of great help for buyers to see what is available for sale in a particular neighbourhood and compare prices and features of those houses. However, to make the most out of your open house tour, you need to be prepared. Here are some things you should think about before attending an open house.
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Compliments of
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Lyle Longridge 
Managing Broker/Realtor 
The Partners Real Estate 
lyle@lylelongridge.com 
Cell : 604-812-4076

 

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Know what I want?

More great clients like you! Your referrals are always appreciated.

Lyle Longridge
Managing Broker/ Realtor
Longridge Real Estate @ The Partners Real Estate Vancouver
2430 Marine Drive
West Vancouver, BC, V7V 1L1

Email us: lyle@lylelongridge.com
Call us : 604-812-4076

 

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